When you say fees be changed, do you mean creditors negotiate with IP on level of their fees? If so would that have knock on to my monthly figure?
If the lower the fees, this will simply increase the dividend to creditors, it will not affect your monthly payment.
Johng79 wrote:How long does meeting last for does anyone know?
It isn't a physical meeting these days and most creditors vote by post, email or fax. At the "appointed hour" the votes will be collated and result announced. If straightforward it could take minutes -- if the result is clouded .... say ... not enough votes to accept and some creditors haven't voted -- they non-voters will need to be chased to try to get a favourable result. This would take longer.
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location